Received Electro Safe certification for immersion cooling lubricant “XTeer E-Cooling Fluid”

Achieved Korea’s first export of ultra-low sulfur bio marine fuel

Decided on the merger by absorption of subsidiary HD Hyundai Cosmo Entered the circular carbon black market with products made from waste tires

Exported Korea’s first Sustainable Aviation Fuel (SAF)

Produced biofuel using a co-processing method

Commenced commercial operation of Korea’s first supercritical biodiesel plant

HD Hyundai Chemical began production of Korea’s first ISCC-certified eco-friendly bio-naphtha

Officially entered the electric vehicle lubricant market

Expanded petroleum product exports to the U.S. West Coast following Hawaii

Participated in the "K-BlackCycle" consortium with Hankook Tire to establish a circular economy for waste tires

Signed PFAD purchase agreement with Korindo Group and LX International

Introduced new design for gas stations

Published the 2022 Integrated ESG Report

Launched new premium diesel product

Renamed the company to HD Hyundai Oilbank

Hyundai Shell Base Oil received Minister of Economy and Finance Award on the 57th Taxpayer’s Day

Launched online media platform “Blue Talk”

Signed a long-term supply agreement for gasoline and diesel with Hawaii, USA

Completed construction of the HPC plant, a heavy feed petrochemical facility by Hyundai Chemical

Signed MOU with Lotte Wellfood for bio-diesel cooperation

Published the first Integrated Report highlighting ESG achievements

Hyundai Chemical launched full-scale efforts to establish a plastic circular economy

Initiated next-generation white bio business

Partnered with Samsung C&T for waste plastic recycling business

Signed LNG import agreement with Korea Gas Corporation

Became the first in the refining industry to acquire ISCC PLUS certification, an international eco-friendly product certification

Signed MOU with Aramco for ammonia cooperation

Signed MOU with Danimer Scientific for bio-plastics collaboration

Launched Korea’s first ultra-premium gasoline, “Ultra KAZEN”

Initiated project to construct eco-friendly LNG and blue hydrogen power plant

Produced eco-friendly naphtha using pyrolysis oil from waste plastic

Signed MOU with Haldor Topsoe for e-fuel technology development toward carbon neutrality

Zero-accident record of 23 million man-hours

Produced high-purity hydrogen for mobility

Signed agreement for low-carbon eco-friendly construction materials business

Sold stake in Hyundai Oil Terminal

Partnered with Korean Air for bio-aviation fuel collaboration

Blue Clean certified by 2021 Korea Standard ？ Well-being & Environment Index (KS-WEI)

Established blue hydrogen value chain

Launched “Blue Pick,” a specialized gas station franchise

Zero-accident record of 20 million man-hours

Launched premium membership for Bonus Card

Formed EV charging station partnership

Introduced unmanned patrol vehicles and intelligent CCTV at Daesan plant

Filed patent for eco-friendly oil leak detection system “Hyundai Homes”

Acquired operating rights for over 300 gas stations from SK Networks

Signed business agreement for commercialization of calcium carbonate manufacturing technology

Launched “Hyundai STAR,” an ultra-low sulfur marine fuel brand

Hyundai Oilbank 1% Sharing Foundation received the Korea Sharing Grand Prize

Built Pyeongtaek Terminal under Hyundai Oil Terminal

Official website awarded the Grand Prize for Brand Innovation at the 2018 Web Award Korea

Completed construction of the SDA (Solvent De-Asphalting) process

Opened Korea’s first complex energy station

Launched mobile lab service

Signed investment agreement for new olefin business with Lotte Chemical

Zero-accident record of 10 million man-hours

Completion of Hyundai Chemical MX Plant

Korean Electrical Safety Award

Presidential Green Management Award

The 11th Transparent Management Award

The 21st Presidential Business Innovation Award

The 13th Presidential Korean Safety Award

2014 Presidential Award on Labor and Management Culture

Awarded by the Prime Minister at the Energy Saving Promotion Awards

Launched the Lube Base Oil Plant Operation of Hyundai and Shell Base Oil

50th Anniversary Vision Declaration

Launched Operation of the Hyundai Oil Terminal, Started the Oil Storage Business

Started the Lubricating Oil Business, XTeer Launching

Launched the 2BTX Operation of Hyundai Cosmo

8 Billion Dollars Export Tower Award at Trade Day

The 1st Presidential Award on Korea’s Knowledge Award

Established Hyundai Oilbank 1% Nanum Foundation

Completion of Pangyo Central Technology Research Institute

Launched operation of the 2nd Advancement Facilities

Affiliated with Hyundai Heavy Industries Co., Ltd.

5 Billion Dollars Export Tower Award at Trade Day hosted by the Trade Association

Awarded the Grand Prize at the 7th Korean Ethics Management Awards

Awarded by the Prime Minister at the 15th Corporate Innovation Awards hosted by the Korean Chamber of Commerce

Change of company name to

[Hyundai Oilbank Co., Ltd.]

Separated from Hyundai Group

Joint Agreement with IPC from UAE

Merged with Hanwha Energy Plaza

Completion of the BTX Plant with an annual capacity of 400,000 tons

Completion of the Refining Facilities with a daily capacity of 200,000 barrels

Introduction of ‘OILBANK’

Change of company name to [Hyundai Oil Refinery Co., Ltd]

Permitted additional refining facilities with a daily capacity of 100,000 barrels

Completion of Daesan Plant

Change of company name to [Kukdong Oil Refining Co., Ltd.]

Launched operation of the Atmospheric Distillation Facilities with a daily capacity of 60,000 barrels

Completion of Oil Refining Facilities with a daily capacity of 10,000 barrels

Change of company name to [Kukdong Oil Co., Ltd.]

Change of company name to [Kukdong Shell Petroleum Co., Ltd.]

Established the 1st private oil company [Kukdong Oil Industry Company] in Korea